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Nonprofit · EIN 56-2099596

LOW INCOME HOUSING OPPORTUNITIES INC

Tax-exempt · HIGH POINT, NC 27260

Financials

$30K$8K2023$26K$11K2024
Revenue Expenses · by fiscal year end
Financials of LOW INCOME HOUSING OPPORTUNITIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$25,753$11,339$14,414$138,729$150$138,579
December 31, 2023990$30,351$8,127$22,224$135,432$11,267$124,165
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,574
Program service revenue
$0
Investment income
$0
Other revenue
$23,179

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,145
Program services (functional)
$2,574
Management and general (functional)
$8,765

Balance sheet and other

Total assets, start of year
$135,432
Total assets, end of year
$138,729
Total liabilities, end of year
$150
Net assets, end of year
$138,579
Net assets without donor restrictions
$34,040
Net assets with donor restrictions
$104,539
Gross receipts
$25,753
Employees
0
Volunteers
0
Year formed
2003
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Angela JimenezSecretary
Officer
0$0$209,451
Tracy S GannTreasurer
Officer
0$0$154,559
Roosevelt SwinnieDirector
Trustee or director
0$0$0
Charity BuntingDirector
Trustee or director
0$0$0
James LeGrandeDirector
Trustee or director
0$0$0
Gail TuttleDirector
Trustee or director
0$0$0
Dr NTuma JahVice President
Trustee or director
0$0$0
Matt WitmeyerPresident
Trustee or director
0$0$0
Chris WilliamsDirector
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgs
Angela JimenezSecretary
Officer
0$0$201,175
Tracy S GannTreasurer
Officer
0$0$152,047
Roosevelt SwinnieDirector
Trustee or director
0$0$0
Charity BuntingDirector
Trustee or director
0$0$0
James LeGrandeDirector
Trustee or director
0$0$0
Gail TuttleDirector
Trustee or director
0$0$0
Dr NTuma JahVice President
Officer
0$0$0
Matt WitmeyerPresident
Officer
0$0$0

Address and contacts

Address (IRS master file)
500 E RUSSELL AVE, HIGH POINT, NC 27260-6746
In care of
% ANGELA MC GILL
Principal officer (990 for 2024)
Angela Jimenez, 500 E Russell Ave, High Point, NC 27260
Signed the 990
Tracy Gann, Treasurer
Phone
(336) 887-2661

Mission

To expand homeownership opportunities and provide decent, safe and affordable housing to low-income families by creating and supporting low-income housing

990 for the year ended December 31, 2024

Program accomplishments

  • Expenses were to support recognition of accomplishments of tenants/former tenants.
    Expenses $2,574 · revenue $2,574

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2099596
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$138,729
Income (IRS master file)
$25,753

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$25,753$11,339$138,729XML
990December 2023$30,351$8,127$135,432XML
990December 2022$6,169$9,418$125,484IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2099596).

Questions about LOW INCOME HOUSING OPPORTUNITIES INC

What is the EIN of LOW INCOME HOUSING OPPORTUNITIES INC?
The employer identification number (EIN) of LOW INCOME HOUSING OPPORTUNITIES INC is 56-2099596.
Is LOW INCOME HOUSING OPPORTUNITIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to LOW INCOME HOUSING OPPORTUNITIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOW INCOME HOUSING OPPORTUNITIES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LOW INCOME HOUSING OPPORTUNITIES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOW INCOME HOUSING OPPORTUNITIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LOW INCOME HOUSING OPPORTUNITIES INC?
The 990 for the year ended December 31, 2024 names Angela Jimenez.
Who are the officers and directors of LOW INCOME HOUSING OPPORTUNITIES INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does LOW INCOME HOUSING OPPORTUNITIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $25,753, expenses of $11,339 and total assets of $138,729 at year end.

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